London Fixing

Operating since 1919 the London bullion market (bullion simply means precious metal that is not used by the mint for coins) sets the price of gold for global markets.

The London Gold Fixing is the procedure by which the price of gold is determined twice each business day on the London market by five members of the London Bullion Market Association (LBMA). It is designed to fix a price for settling contracts between members of the London bullion market, but informally the gold fixing provides a recognised rate that is used as a benchmark for pricing the majority of gold products and derivatives throughout the world’s markets.

Source: http://en.wikipedia.org/wiki/London_gold_fixing

Precious metals / current market valuations

(Stand: 20.02.2018)

Buy

Trending

Gold

34.681,90

- 200

Silver

424,94

+ 3

PLatinum

25.940,32

- 120

Palladium

26.652,01

=

Rhodium

46.104,00

=

All figures subject to change. Price: Euro/kg

At Nobra, we recycle industrial by products to produce valuable raw materials for reuse – primarily gold (Au), silver (Ag), platinum (Pt), palladium (Pd), rhodium (Rh) and ruthenium (Ru) – working hand in hand with a variety of industry sectors.
Sustainability isn’t just a buzzword to us, it’s been integral to our business for more than 30 years. We make use of all the latest technologies and follow carefully planned working practises, providing our customers with an end-to-end service.